BharatJhunjhunwala

MINDTREE : Shifting Range?

NSE:MINDTREE   MINDTREE LTD
MINDTREE: On 18th July the gap down seems to be a exhaustion gap. Post gap the price did not fall aggressively down, prices started to create higher lows. The RSI has moved into neutral zones from bearish zone. There are early indications of bottoming out in the stock. Holding above 707 will be a good sign of support.
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